Cryptocurrency is a virtual money that uses encryption to ensure safety. The main characteristic of cryptocurrencies is their distributed nature, which differentiates them from conventional government-issued money controlled by national banks. Cryptocurrencies are based on blockchain technology, available to users in the network. The importance of cryptocurrencies for gamblers is significant for several reasons: anonymity of transactions, fast processing, and freedom from political and economic shifts. Using cryptocurrencies in BC.GAME Web Casino allows players to avoid issues with banking and government restrictions, as well as enhances the level of confidentiality for financial operations.
Sign Up. To begin, you need to pick a crypto exchange and create an account there. The registration process usually requires entering basic information such as name, email, and password.
Finish identity verification. To adhere to regulatory requirements, most crypto exchanges require identity verification. This may involve providing a photo of a passport or another form of ID, and sometimes verifying the address of residence. The process usually lasts a few days.
Deposit funds. After verification, you can deposit fiat money (EUR, USD, RUB) via bank transfer or using payment systems such as electronic wallets.
Purchase cryptocurrency. Once the funds are credited to your account, you can buy cryptocurrency. Pick the desired cryptocurrency and set a purchase order at the current market rate or set your price with a limit order.
Transfer cryptocurrency to the online casino. To play in a crypto casino, you need to transfer some of the bought cryptocurrency to the casino's account. This is accomplished through the withdrawal function on the exchange, indicating the casino wallet address.
Confirm the transaction and start playing. Double-check the information you input at each step. Once the cryptocurrency reaches your casino account, you can commence play. Be sure to look for any casino bonuses for the deposited amount. Select a Crypto Exchanger. Use the BestChange exchange monitoring service to find a reliable exchanger with the best rates and feedbacks. The platform lists exchanges with latest rates and exchange conditions.
Choose a Cryptocurrency. Decide on the cryptocurrency you want to acquire. This could be Bitcoin, Ethereum, USDT, or other options available for depositing into an online casino.
Set the Currency and Payment Amount. Pick the currency you have (USD, EUR, RUB) and specify the amount you want to purchase cryptocurrency for.
Provide the Wallet for Receiving Cryptocurrency. Indicate the address of your crypto wallet, to which the purchased cryptocurrency will be sent. Also provide payment information, such as a credit card number or payment system data.
Transfer the Funds. Complete the payment of the indicated amount to the wallet provided by the crypto exchange. After this, the cryptocurrency will be sent to your specified crypto wallet.
Deposit into the Online Casino. Once the cryptocurrency reaches your crypto wallet, transfer the necessary amount to the account at the online casino. You can find the deposit details in the "Deposit" tab on the casino website.
Start Playing and Winning! After the funds are deposited into your casino account, you are ready to start playing. Don't forget to check possible deposit bonuses that can enhance your chances of winning. This process is faster and less bureaucratic compared to acquiring through cryptocurrency exchanges, as most exchangers do not require registration or verification. It is the most accessible choice for a variety of users without geographical restrictions.
Go to the "Withdraw" Page. In your personal account on the casino official website, find the "Withdraw" tab.
Set the Amount. Enter the available amount you want to withdraw from your gaming balance.
Select a Cryptocurrency. Select the type of cryptocurrency in which you wish to receive your winnings. Usually, it is the same cryptocurrency in which the deposit was made. If there are no issues, proceed to the next step.
Input Your Crypto Wallet Address. At this stage, you need to provide the details of your crypto wallet, to which the funds will be sent. Make sure that the address is correct to avoid errors in the transfer. You can easily find the address in the main window of your wallet.
Confirm the Transfer. The withdrawal request must be confirmed by you, depending on the protection set on your account. This might be done through two-factor authentication or email.
Receive Your Winnings. After confirming the operation, the money will be sent to your crypto wallet. Processing time may change depending on the blockchain network load. By following these steps, you can securely withdraw your winnings from the crypto casino. Enjoy this time confidently, knowing that the rightfully earned amount is in full safety on your wallet.
Advantages of Cryptocurrencies for Online Casino Players
Using cryptocurrencies in online casinos offers players with a range of advantages that make them an appealing option for online gambling. This is an important part that warrants attention. Namely:- Anonymity. One of the major advantages of cryptocurrencies is anonymous transactions. Players can fund their accounts and withdraw winnings without providing personal data. This is especially important for countries with strict legal restrictions on gambling.
- Lack of Control. Cryptocurrencies are not tied to any country or central bank. Vulnerability to political and economic changes remains aside.
- Fees. Here, everything is managed without intermediaries such as banks or payment systems. Therefore, the fees for cryptocurrency transactions are cheaper than those for using conventional payment methods.
- Transparency. Blockchain technology ensures full transparency of all transactions. That is, each transfer is open and auditable, minimizing the risk of fraud since the transfer is easily traceable.
- Speed. Cryptocurrency transactions are completed much faster than traditional bank transfers. Thus, players can begin gaming instantly (after completing a deposit) and also withdraw their winnings quickly.
- Investment. Cryptocurrencies not only function as a means of payment but can also act as an investment asset. Their value can greatly increase, so players often receive passive income without being experienced investors.
- Reliability. Smart contracts stand guard over security and reliability. They automatically execute the terms of transactions, completely removing the possibility of fraud or technical (banking) errors.
Top 5 Cryptocurrencies for Online Casinos
There are hundreds of cryptocurrencies, but some are particularly popular among online casinos. Some of them distinguish themselves for their exceptional reliability, ease of use, and widespread acceptance. Here are the five top cryptocurrencies that almost every online casino supports:- Bitcoin (BTC). Bitcoin is considered the "gold standard" among cryptocurrencies. It is the most famous and widely used cryptocurrency in the world. BTC is valued for its high level of security, broad recognition, and the ability to conduct large transactions, which is especially valued in the world of gambling.
- Binance Coin (BNB). The creation of the Binance cryptocurrency exchange. Initially, their internal token became widely used worldwide. BNB quickly became a means of payment in many projects, including online casinos.
- Ethereum (ETH). Ethereum occupies a special place in the crypto world thanks to the power of its smart contracts. With ETH, you can not only send and receive money but also automate many processes and services within online casinos.
- Toncoin (TON). Originally an internal token of the Telegram messenger. The cryptocurrency reached rapid popularity due to high transaction speeds and small transfer commissions. Now TON is synonymous with an effective and reliable system for transactions in online casinos.
- Tether (USDT). This is a "stable" currency tied to the US dollar rate. This provides almost no volatility (currency exchange rate changes). This point makes USDT the favored choice for players who prefer calm waters over the stormy sea of currency quotes.
Where to Store Cryptocurrency
Before obtaining cryptocurrency, it's crucial to decide on where to keep it—digital wallets. The choice of a crypto wallet depends on many factors, including the types of supported currencies, the level of security, the convenience of the user interface, and features. Let's examine several wallets for your crypto assets and their features.MetaMask
This crypto wallet is ideal for storing BTC, ETH, BNB, and many other cryptocurrencies. It is popular as a web browser extension (Chrome, Firefox, Yandex Browser, etc.) and is also accessible as a mobile app for iOS and Android. MetaMask has various features that should not be ignored:- Features. Includes receiving, keeping, and transferring cryptocurrencies. You can manage few accounts. It seamlessly integrates with DApps on the Ethereum blockchain and other compatible networks. This makes MetaMask especially popular among users who actively participate in the DeFi and NFT ecosystems.
- Security. High level of security, as the user exclusively controls the keys. These are private keys that are stored on the device and are never transmitted outside.
- Installation. The versatile wallet is quickly installed as a browser extension. The process of installation is straightforward and does not require advanced technical knowledge. After installation, the user can establish a new wallet or restore an existing one using a secret phrase (seed phrase).
TronLink
The designated storage for the TRON (TRX) cryptocurrency. It is also perfectly designed for handling USDT and USDC on the TRC-20 network. TronLink is available as a browser extension, a mobile app for Android and iOS, and in a web version format. In general, it is appropriate for each and every TRON blockchain enthusiast. It has multiple features:- Features. With TronLink, you can not only transact with TRX and TRC-20 tokens, like USDT, but also interact with dApps on the TRON blockchain. There is a feature to exchange one cryptocurrency for another within the wallet itself. You can create and switch between multiple wallets.
- Security. The security of funds is guaranteed by several levels of security and encryption. User keys are kept locally and are not transmitted to external servers. It is enough to set up a complex password and keep it secret.
- Installation. For the browser, simply go to the Chrome Web Store, search for TronLink, and add it to your browser. Smartphone owners get the app from the App Store or Google Play. Just follow the typical procedure for setting up apps on your devices.
Crypto Wallet in Telegram (@wallet)
Online casinos make use of the advantages of the TON ecosystem, one of the main ones being the crypto wallet built right into the Telegram messenger. This is arguably the most convenient tool for online casino players who use Telegram.- Security. The cryptocurrency wallet is integrated into the messenger, providing a suitable security level through the use of modern encryption methods built-in to the Telegram platform. Without your knowledge, funds will not leave your account, but the main thing is to safeguard your Telegram account itself.
- Features. Users store, transmit, and get TON, BTC, and USDT cryptocurrencies right within the Telegram interface. This significantly simplifies the procedure of using cryptocurrency, as it does not require installing more apps or programs. Transactions here are completed in a few clicks, which is particularly handy when making a deposit in an online casino from a smartphone.
- Installation. To start using the cryptocurrency wallet in Telegram, you need to initiate the @wallet bot in the messenger. This can be done by finding the bot through the search in the app and beginning a dialogue with it. Adhering to straightforward and direct prompts, the wallet can be established in 2 minutes right in your messenger.
How to Purchase Cryptocurrency
After picking the suitable crypto wallet, the next step is to deposit cryptocurrency. For this, there are dedicated platforms - cryptocurrency exchanges and crypto exchangers. Each option offers particular services, conditions, and levels of security. Let's start with cryptocurrency exchanges.Cryptocurrency Exchanges
Crypto exchanges are online platforms where you can purchase, sell, and swap cryptocurrencies using different fiat currencies or alternative digital assets. The most reputable crypto exchanges offer a broad selection of cryptocurrencies and have robust security measures. Here are some examples of reputable crypto exchanges:- Coinbase. Draws in users with its easy-to-navigate interface, making it an perfect option for beginners. It offers direct purchasing of cryptocurrencies with fiat money and supports a vast selection of digital assets. It is distinguished by rigorous compliance to regulatory standards, adding confidence in the reliability of operations.
- Bybit. Specializes in cryptocurrency derivatives and margin trading. The exchange offers attractive rates, quick trades, and sophisticated trading tools. Bybit is ideal for more sophisticated users who wish to leverage various trading strategies.
- Binance. The largest crypto exchange in the world with a broad range of cryptocurrencies and trading pairs. This is where the largest volume of crypto trading occurs. Binance features competitive rates, high liquidity, and numerous trading options, including futures and margin trading.
Identity Verification and Geographic Restrictions
To work with crypto exchanges, you need to complete the identity verification process (KYC), which helps exchanges prevent fraud and money laundering. This process includes providing a photo of an ID or other personal information. It is also important to consider that some crypto exchanges do not provide their services to citizens of certain countries due to local legislation. Always check the availability of the exchange in your region and clarify the terms of service on the site or through technical support.How to Buy Cryptocurrency on a Crypto Exchange
The process of acquiring cryptocurrency on a crypto exchange and subsequently sending it into an online casino consists of several steps.Cryptocurrency Exchangers
For those seeking a more straightforward way to get cryptocurrencies, crypto exchangers are a handy alternative. They commonly do not require verification and allow quick exchange of fiat money for cryptocurrency. This is a useful tool for speedy purchases or exchanges of digital assets. The biggest advantages of crypto exchangers include the absence of registration and verification, which minimizes the entry barrier for new users and speeds up the transaction process. Also, they usually have no strict geographic restrictions, making exchangers available to users around the world. To pick a worthy cryptocurrency exchange service, pay attention to the next aspects:- Project age. Serves as an indicator of the reliability of the exchanger. Long-term presence in the market usually shows stability and reliability of the service, as exchangers that have been operating for a long time often accumulate experience in resolving various operational problems.
- Payment processing. Can be executed either automatically or manually. Auto processing systems generally provide speedier transactions, while manual management may require more time but offers an extra level of control over the security of operations.
- Number of users and ratings. A crucial aspect when choosing an exchanger. A great amount of positive reviews can indicate a positive reputation of the service, a convenient interface, and the quality of technical support.
- Fees. Can vary considerably depending on the exchanger, the type of currency, and the transaction amount. High fees can significantly raise the cost of the operation, so choose platforms with reasonable rates.